Accounting Entries Made in Compiling the FY 2000 Air Force General Funds Financial Statements

Abstract

We performed this audit in response to the Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994, which requires DoD to provide audited financial statements to the Office of Management and Budget. This audit is one in a series of audits of accounting entries made by the Defense Finance and Accounting Service in preparing the FY 2000 financial statements for DoD. The audit supported the audits of the FY 2000 financial statements for DoD and the Air Force General Funds. The Inspector General, DoD, and the Air Force Audit Agency disclaimed an opinion on those financial statements. The Defense Finance and Accounting Service Denver made $406 billion in accounting entries in three automated systems in compiling the FY 2000 Air Force General Funds Financial Statements. The FY 2000 Air Force General Funds Financial Statements reported total assets of $86.2 billion and total net cost of operations of $80.0 billion.

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Document Details

Document Type
Technical Report
Publication Date
Jul 26, 2001
Accession Number
ADA392850

Entities

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Accounting
  • Accuracy
  • Air Force
  • Computer Programs
  • Computers
  • Control Systems
  • Department Of Defense
  • Finance
  • Financial Management
  • Governments
  • Information Systems
  • International Relations
  • Law
  • Navy
  • Quality Control
  • Reliability
  • Standards

Fields of Study

  • Business

Readers

  • Aerospace logistics and air mobility.
  • Government Contracting/Procurement.